Settings8H · net · $10k
Funding arb · Price arb /

POPCAT

all POPCAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0390%/8h= +42.7% APRpaid last 24h +0.261%
Price spread now: Hyperliquid against OKX+0.182%7-day average +0.180% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.340%+$34 on $10k
Price spread, last 4 days (all we have)−0.064%−$6 · spread now +0.182%, 7d avg +0.180%
Together, before fees+0.276%+ Points / potential airdropHyperliquid: Season 2 · farm board+$28 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.180%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX POPCAT-USDT-SWAP0.056650.0100pay 0.0050% / 4h30m 49s$708K$1.5M20x
ShortHyperliquid POPCAT0.056750.0490get 0.0061% / 1h30m 49s$2.6M$1.0M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against OKX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$81.85
Price spread: +0.182% → +0.180%
$0.19
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$63.04
Costs to cover
0.190%
Break-even
1.6 days
Slippage unknown: OKX: live order book, 1 min ago; Hyperliquid: live order book, 10 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 1 min ago2.65 bp46.7 bp −$47doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 10 min ago2.11 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

POPCAT on 18 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective POPCAT/USDC PERP−0.4208%1h0.05563−1.801%$3K$2K5.5xas long as short
Kraken Futures PF_POPCATUSD−0.0960%1h0.05665−0.005%$148K$139K20xas long as short
Reya POPCATRUSDPERP−0.0228%1h0.05664−0.021%$110xas long as short
Lighter POPCAT+0.0096%1h0.05659−0.106%$102K$46K10xas long as short
Binance POPCATUSDT+0.0100%4h0.05659−0.106%$2.4M$6.6M50xas long as short
Bybit POPCATUSDT+0.0100%4h0.05651−0.247%$9.0M$6.1M50xas long as short
OKX POPCAT-USDT-SWAPlong+0.0100%4h0.05665long leg$708K$1.5M20x
Gate POPCAT_USDT+0.0100%4h0.05656−0.159%$432K$644K50xas long as short
MEXC POPCAT_USDT+0.0100%4h0.05669+0.071%$1.9M$935K200xas long as short
KuCoin POPCATUSDTM+0.0100%4h0.05657−0.141%$1.1M$988K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget POPCATUSDT+0.0100%4h0.05660−0.088%$1.2M$915K50xas long as short
BingX POPCAT-USDC+0.0100%4h0.05660−0.088%$1.6Mas long as short
Variational Omni POPCAT+0.0100%4h0.05652−0.223%$514K$178Kas long as short
ApeX Omni POPCATUSDT+0.0100%1h0.05670+0.088%$23K$646K25xas long as short
Extended POPCAT-USD+0.0104%1h0.05664−0.026%$100K$440K10xas long as short
GRVT POPCAT_USDT_Perp+0.0182%4h0.05681+0.278%$258K$494K10xas long as short
BloFin POPCAT-USDT+0.0340%4h0.05684+0.335%$126K$297K50xas long as short
Hyperliquid POPCATshort+0.0490%1h0.05675+0.182%$2.6M$1.0M3x